Risk Capital Partners has acquired Birmingham-based Druckers Vienna Patisserie. RCP are combining Druckers with its London-based patisserie chain Patisserie Valerie. Druckers will operate alongside Patisserie Valerie, which RCP bought in September 2006. Each will retain its own name and identity although will be consolidated into one company. The combined business will have over 50 branches, with pro-forma revenue of £25m and EBITDA of over £3m.
Deal includes three manufacturing facilities located in Spain, which employ around 140 staff
GP acquired the care home group from Swiss Prime Site and will be the company's sole shareholder
Iris, Idinvest and historical backers invest in the manager of the eponymous social media app
GP uses its Mérieux Participations 3 fund, which held a first close on €200m in 2018